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Show ft 8 II IhcSiilt luike Ti iliiinc M;i Int-sil.i- it'lini ol Crush 1I79 1.1, S.L. Officials Studying Ways to Spend Tax Surplus llul Ti ibuno Staff U Wnh-- i Salt Lake- Citj's bumper crop of tax lev emit-- , unveiled last week and quickly spent, appears to be r .nixing a bit of and indigestion among city conmu.ssKmers Ami three of the fiv e are proposing vat unis bromides to make the xur plus more palatable to the public now or m the future 11)78 The on nine of $1 million more than the tljfi million anticipated for this isc al year. Of that, property taxes contributed an extra $1 million, while utility franchises taxes at minted for $70, (HK) com orient 1 i ntj realized general fund m taxes the loninnssnm lias insisted that the State Uniform fiscal 1'rocedures Ai t banned carry mu sin plus forward Rather, the commission has said, the law retinues that the money either he' spent or dumped into the set aside for "emergency fund disasters such as a flood "Now, I for one, am not so sure thats tlie case," the mayor said I'p 1 i 'It hurts my conscience a little" to i oiled a tax surplus of that magnitude, said Mayor Ted L Wilson. lie wants to research the law again to deteimine if . the city can carry J1 million of the surplus forward to the next fiscal year, with a to now, sb. . IRS Slate Director Cites Peril In Withholding Claim Error ol Through "misunderstandings s" or "pnni tax adv ice" ol "to client the government. increasing numbers of employees ate claiming excessive exemptions, the Internal Revenue Service director (or Utah said Monday Roland V Wise, IRS state director, 10.7 400 the fast, said ov erelanuing w dhlmld-inninnlx'i of exemptions on allow, inee certificates can spell trouble The Internal Revenue Cixle fine provides penalties of up to H and one year impt isonnieut for persons "w bo w lifully supply false oi fraudulent mfoi nintiou to employers on W-foi ms " There also is the diltleultv of excessive exemptions accruing a huge tax liability liv the end of lie year, Mr Wise added Noting seveial prosecutions in US District Court tor Utah dunng the last year concerning employees willfully 4 wilhholhng filing invalid or false forms, Mr W isc said law W-- 4 uui d u) kir r.tnuiA u ituAUit - 1 plus WFST iOsS y i,nii RRftAD CHORUS CALL OPEN lUSlM Diet 10:15 A.M. -- TV, ( HOLMES I r . , m ' SENATOR v, ,or,i HTTO'A:' ft .ft 8 south Stop by and enjoy the NORMAN ROCKWELL art exhibit You'll recognize many of these timeless illustrations from the covers of the Saturday Evening Post and elsewhere; 42 beautiful 1 1" x 14 reproductions on artists' canvas by one of Americans most beloved artists. . . . 2 Over a billion dollars in assets rnmumsm TOCmOTHER.DEALER ANYlCALCULATO HEWLETT PACKARD HP-38- E Your choice of two 1" by 9 Norman Rockwell prints, matted and ready for framing, when you open or add to your account $100 or more. HP-3- E PROGRAMMABLE SCIENTIFIC Hewlett-Packar- ith M s Finest 1 4m Programmable has more power than any other of this type No -- it Open or add to yonr account and well give you two 7x 9 Norman Rockwell prints -- FREE 3 and (. al Come in and get acquainted - piogr.en Receive a free 4 x 5" Norman Rockwell print, mattPd and ready for framing just for coming in. Bring the coupon below. is Full-merge- co les previous Frilling Control g ex per lence necessary Can figure IRfi and y- The art exhibit is open during our regular banking hours from 9:30 a.m. to 5:00 p.m. Extended Drive-iand Walk-ubanking hours, 8:30 a m. to 6:00 p.m. keys Full NPV for up to range ot conditional keys 980 cash flows in 20 1 8 groups. n user , $10.00 Programming Package ()(.' SHARP ALARNVfcLOCK CALCULATOR IffSKRI KSgSfli r5 log f uni boos Scientific Notation & Algebraic Operating System 15 Sets ol Parenthesis 48 Functions 1 LCD Display 4 Key Memory Po ki t fclfeHl IfctSEa 51 5 Safe Deposit Box Credit PRESENT THIS COUPON CHOOSE A SAFE DEPOSIT BOX RECEIVE $5 CREDIT ON THE FIRST YEARS RENT enefpmv r-vsi- o 05 jwj Expire May 31, 1979 E 1 g J I I & $5 ( Mumlx-- iarET 1 I ALL SIZES NOW AVAILABLE sie fc'f.Ta BSjjWj tea Taylorsville Valley Bank p free refreshments rjtUJIIS r FDlC ESS! lEsaesacsa 3 j Taylorsville Valley Bank Coupon Goodff for One 4x5 Norman Rockwell Print BRING THIS COUPON IN WHEN YOU VISIT THE NORMAN ROCKWELL EXHIBIT AND RECEIVE YOUR PRINT FREE Expire May 31, 1979 -- K sun teinwor- oMiS television set and toaster oven the $i7t7 was missing from u mail residence, IkNI block of f.uclid Aceiiue, according to police reports A wot lit American O Savings $21.95 COUPLES PNlUS LAir SHOWS SAT fRl IS CASANOVJ DAILY Mixoinx )-- For information about an Equity or Home Improvement Loan, Call Tom Capece at Reg. amm .-- r 1 American Savings has the plan TI-3- U His passenger. Kevin It Dernier, S. 4170 West, (I ranger, suUered fractures and lacerations and w as lided in fair condition at l.DS Iti'H I x-- r - You name the project Trig u-- it 3SM25J Tt J sulh-ie- . EU ADVENTURES Midnight Shows Friday and Saturday tk Vacation Paying off old debts A new boat TEXAS INSTRUMENT Matson P.'iJ Plinceton face chest and internal wtn-Ins tar smashed into a Mi )iu tl ee .it 00 Columbus SI t'haih-- Tilt Couples Rates 46 " According the IRS district director, special withholding allowances for employee's having exceptionally high tax deductions, such as credits for child care, earned income, residential energy, elderly and exceptionally high interest or medical expense " Inch ldtials or employers can receive assistance in computing correct employee withholding allowances by calling the taxpayer service section of 724 4(XiO or the IRS at Salt Iaike mi m the toll free(02 5170, " Mr. Wise said Co-h- Saturday iiini lima 15SII 73TifflTI i&tfpnr 7 man was year old Soli Uikc-Cltserious but imp! ov ed c ond'llon at l.pS Hospital billowing an in automobile accident Mr Phillips noted that the frannow 8 cents for every $1 chise tax is a progressive spent on utilities tax that rises each time the Utah Public Service Commission raise utility rates. Commissioner Jennings A FREE listed vo economic-environmen- Home Improvements ADVANCED FINANCIAL WITH PROGRAMMABILITY - " money is available for your summer projects 531-572- - Mr. Campbell said the apparent requirement that surplus funds be placed m an "emergency fund "is t no longer valid in today s finance JO Phillips Jr said Monday that he doesn't foresee- returning the- al leadv committed H78 surplus to add "The mssibilitv is good that we'll reduce the utility fi am b isc- tax by at least iercent m June " Com mission e r David C. Uampix-I- l wants the city attorney to research the law to determine whether the city can leturn excess tax funds to citizens, and if so, how it should lie done Safety PUNK ROCK "The law, fully explained on form . provides a table for determining the correct number of withholding allowances to avoid over or under withholding 1uhlu pioper'v Listed Serious - |
